Arbitration agreement
An Arbitration agreement is defined in clauses 6 of the 1996 Arbitration Act.
Definition of arbitration agreement.
(1) In this Part an “arbitration agreement” means an agreement to submit to arbitration present or future disputes (whether they are contractual or not).
(2) The reference in an agreement to a written form of arbitration clause or to a document containing an arbitration clause constitutes an arbitration agreement if the reference is such as to make that clause part of the agreement.
It may also be called an 'agreement to refer 'and essentially means that contractually the parties signing up to a building contract agree to enter into a process known as arbitration if a dispute arises.
Ref https://www.legislation.gov.uk/ukpga/1996/23/contents
[edit] Related articles on Designing Buildings
- Adjudication.
- Alternative dispute resolution.
- Alternative Dispute Resolution legislation.
- Arbitration Act.
- Arbitration panel.
- Arbitration v Adjudication.
- Arbitration in the construction industry
- Conciliation.
- Construction Industry Model Arbitration Rules CIMAR.
- Dispute resolution.
- Dispute resolution boards.
- Dispute resolution procedure.
- Expert determination.
- Mediation.
- Pay now argue later.
- Pendulum arbitration.
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